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Nestled in a prime San Luis Obispo location just minutes from downtown, 1420 & 1428 Johnson Avenue presents a rare and versatile investment opportunity featuring three well-maintained residential units on one property. Thoughtfully configured for flexible ownership, rental income, or multi-generational living, this unique property blends charm, privacy, and functionality. The front bungalow at 1420 Johnson, originally built in 1925, offers approximately 800± square feet and enjoys a private setting separate from the other units. This charming 2-bedroom, 1-bath home features a comfortable living room, a separate eat-in kitchen, and a private front yard space that enhances its classic character and livability. The attached studio unit, added on in 1943, approximately 400± square feet, has been tastefully updated in recent years and features its own private rear entrance. Highlights include newer dual-pane replacement windows, an oversized updated kitchen, a 3/4 bathroom, spacious studio living area with room for both bedroom and living furnishings, and a built-in closet organization system. The bungalow and studio share laundry facilities and utilities. Built in 2005, the detached rear residence at 1428 Johnson Avenue is approximately 1,000± square feet and operates independently with separate utilities. Positioned above an expansive 3-car garage, this thoughtfully designed upstairs home offers an open-concept floor plan with the kitchen and living room flowing seamlessly together, creating a bright and airy atmosphere. The layout includes a spacious primary bedroom and full bathroom situated privately on one side of the home, along with a private balcony for outdoor enjoyment. Separate laundry is conveniently located within the garage. 5+ Onsite Parking Spaces. Exceptionally maintained and ideally located, this property offers strong investment potential, flexible living arrangements, and long-term value in one of San Luis Obispo's most desirable neighborhoods.
Property Type(s):
Residential Income
| Last Updated | 5/27/2026 | Tract | San Luis Obispo(380) |
|---|---|---|---|
| Year Built | 1925 | Community | SLO - San Luis Obispo |
| Garage Spaces | 3.0 | County | San Luis Obispo |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Gas Range, Refrigerator |
| AREA | SLO - San Luis Obispo |
| CONSTRUCTION | HardiPlank Type, Stucco |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Forced Air |
| INTERIOR | Ceiling Fan(s), Storage |
| LOT | 7248 sq ft |
| LOT DESCRIPTION | Front Yard |
| LOT DIMENSIONS | 7250 |
| PARKING | Driveway, Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | One, Two |
| STYLE | Cottage |
| SUBDIVISION | San Luis Obispo(380) |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| WATER | Public |
Location
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Listed with Central Coast Sotheby's International Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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